Dashang Co.,Ltd.’s Net Profit Dropped 26.6% in First Three Quarters of 2022

Dashang Co.,Ltd. (大商股份有限公司) (600694.SH) reported a net profit of 553.3 million yuan in the first three quarters of 2022, down 26.6% year-on-year.

Meanwhile, the company posted 5.7 billion yuan in revenue, down 11.5% year-on-year.

At the end of the reporting period, it had 18.7 billion yuan in total assets and 10.4 billion yuan in total liabilities, with a liability-to-asset ratio of 55.9%.